't Arsenaal MMT
't Arsenaal MMT has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €-47k. Equity is shrinking by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €98k |
| Net result | €-47k |
| Staff (FTE) | 17.3 |
| Better than sector | 35% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.4% | 45.7% | |
| Net result | €-47k | €9k | |
| Equity | €98k | €33k | |
| Gross operating margin | €1.18M | €21k | |
| Staff costs | €1.19M | €34k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-47k |
| Cash flow | €-17k |
| Staff costs | €1.19M |
| Income taxes | - |
| Dividends | - |
| Total assets | €440k |
| Equity | €98k |
| Debt | €341k |
| of which ≤ 1y | €294k |
| of which > 1y | - |
| Working capital | €76k |
| Employees (FTE) | 17.3 |
| 2025 | |
|---|---|
| Current ratio | 1.26 |
| Quick ratio | 1.26 |
| Working capital ratio | 17.3% |
| Solvency | 22.4% |
| Debt / equity | 3.47 |
| Long-term debt ratio | - |
| Interest coverage | -2.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -10.7% |
| ROE | -47.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €440k |
| Fixed assets | 21/28 | €69k |
| Intangible fixed assets | 21 | €30k |
| Tangible fixed assets | 22/27 | €35k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €370k |
| Amounts receivable within one year | 40/41 | €186k |
| Cash & bank | 54/58 | €113k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €440k |
| Equity | 10/15 | €98k |
| Accumulated profits (losses) | 14 | €98k |
| Amounts payable | 17/49 | €341k |
| Amounts payable within one year | 42/48 | €294k |
| Trade debts payable within one year | 44 | €54k |
| Income statement | ||
| Gross operating margin | 9900 | €1.18M |
| Operating result | 9901 | €-41k |
| Financial income | 75 | €624 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-47k |
| Net result for the period | 9904 | €-47k |
| Result to be appropriated | 9905 | €-47k |
| NACE primary | Arts creation and performing arts activities(90311) |
| Legal form | Non-profit association(017) |
| Incorporation | 15-05-1962 |
| Status | Active |
| Postal code | 2800 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025C0668/00P000indicative | Flanders | 562 m² | 1 · 550 m² | 19.7 m · 2 fl. |
14-08-2026 NBB filing Annual accounts filed
03-09-2025 NBB filing Annual accounts filed
04-12-2024 NBB filing Annual accounts filed
02-05-2023 NBB filing Annual accounts filed
09-05-2022 NBB filing Annual accounts filed
20-04-2021 NBB filing Annual accounts filed
01-04-2020 NBB filing Annual accounts filed
30-03-2019 NBB filing Annual accounts filed
06-04-2018 NBB filing Annual accounts filed
29-03-2017 NBB filing Annual accounts filed
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | 't Arsenaal MMT |
| AbbreviationNL | M.M.T. |